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Microsoft is not happy

Operating system giant Microsoft Corp. (MSFT) became the first high profile victim of aggressive European Union antitrust enforcement (but it would not be the last).  Slapped with almost $2B USD in fines, the company was lashed for browser bundling and other tactics viewed by the European Commission regulators as anticompetitive.

Microsoft appealed the fine, but the results were less than what it was hoping for.  The appeals body -- the General Court of the European Union announced [PDF] this week its decision to cut the €899M fine to a mere €860M ($1.1B USD), a reduction of €39 (~$48M USD).

A Microsoft spokesperson told Reuters it was "disappointed with the court's ruling."

With the appeals exhausted, it now appears Microsoft will have to pay up to preserve the billions in yearly business it gets from the EU.  The ruling is the latest setback for Microsoft in Europe.  

The company has suffered from plenty of bad PR in Europe in the wake of UK court proceedings which detailed a sexual harassment by managers.  The incident led to several resignations and several civil suits, placing Microsoft squarely in the crosshairs of the EU state's active tabloid industry.

Sources: General Court of the EU [PDF], Reuters

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RE: I think I fugred it out...
By Kiffberet on 6/28/2012 9:42:12 AM , Rating: -1
These fines are a joke!
MS was told to not bundle IE with Windows. MS says FU and bundles IE with Windows. The EU slaps a fine on MS, which is quite hefty, but do you really think MS will actually pay the fine?
No chance!
MS will appeal, and appeal and appeal, and eventually, in 2020 they'll pay a fine of $1m dollars, because they 'co-operated with the investigation'.

Big corp and big banks... same old tactics. No one goes to jail for breaking the law.

Steal a snickers bar from a shop...jail!

RE: I think I fugred it out...
By Reclaimer77 on 6/28/2012 9:52:16 AM , Rating: 5
Okay what the fuck is wrong with you people. Honestly? You're talking jail time for putting a free browser into an OS!? Do you realize how insane that sounds?

I'm so glad I'm not running a business. Knowing people like you and Beenthere are out there would probably put me in an early grave.

By it_aint_subtle on 6/29/2012 8:25:55 AM , Rating: 1
sounds ridiculous doesnt it. Its almost as ridiculous as a $1.1 billion fine.

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